Ottawa Citizen The Canadian Real Estate Association has raised its outlook for home sales this year, pointing to an improving economic outlook and strengthening consumer confidence. Sales in 2011 are expected to total 439,900 units, which is still down 1.6 per cent from 2010, the industry group said Tuesday. Its previous forecast was for a nine-per-cent decline this year to 402,500 units. However, it forecasts sales to rise three per … [Read more...]
10 Things to Consider Before Your Mortgage Renews
Click here to view 10 things to consider before your mortgage renews. … [Read more...]
Why Buyer Protection Plan for the Ottawa Real Estate Market?
A Shifting Market Requires a Shift in Thinking As the Real Estate markets across Canada shift through a balanced market to a buyers market, behaviours become very predictable. Buyers Buyers adapt very quickly to a changing market. Buying a home is and always has been an emotional decision first and a financial one second. A shift to a buyers market has everything to do then with buyers who are fearful, running to the safety of the herd and … [Read more...]
How to Make That Dream Home Perfect
Found that perfect home, but it needs a little TLC? Maybe some new carpets, a finished basement or some new windows? Don't have the extra cash? Why not add the cost to your mortgage? … [Read more...]
Top 10 Questions You Should Ask When Shopping for a Mortgage
In this ever changing economic environment, it is very important to be sure you are asking the right questions when shopping for a mortgage (whether it be for a purchase or a refinance): 10. Is the mortgage portable/assumable? - life changes, so the time may come when you need the flexibility to take your mortgage with you to a new property, or you may want to make your home more attractive to prospective buyers and offer to have them take … [Read more...]